Question
I need some help putting the results together: Based on the conditions you faced and the decisions you made in the simulation, the company hired
I need some help putting the results together:
Based on the conditions you faced and the decisions you made in the simulation, the company hired and fired certain people. The business also had some interest in philanthropic initiatives. In this journal, you will reflect on these decisions and initiatives and consider this company's overall diversity, equity, and inclusion (DEI) and corporate social responsibility (CSR) initiatives.
In your quarterly bulletin, reflect on the various personnel decisions made in the simulation. Also, reflect on the company's CSR programs and whether they impacted the business or the community meaningfully.
Mainly, it would be best if you described the following classification principles:
Diversity, Equity, and Inclusion:
Hiring practices: Describe how you think the company did with diversity and inclusion in their hiring practices across generations and whether your decisions in the simulation helped.
Places to improve upon: Explain how the company could have done better.
Corporate Social Responsibility:
Community and social initiatives: Discuss the company's contributions to community and social enterprises and whether your decisions in the simulation affected these initiatives.
Places to improve upon: Outline some ways in which you think the company can further enhance its CSR programs and involvement.
Epilogue Generation 3: 2nd run
Family Business logo featuring a purple honey dipper
Peter's Honey Farm
Bringing in an outside CEO helped Peter's Honey Farm, but continuing to keep the board as only family members severely hurt profits. Although all the family members still care intensely about the company, their unwillingness to include outsiders means the company can never scale up. Although running Peter's Honey Farm manages to keep some of the family's lifestyles going, several cousins realize that's large enough for them, and they move on to other professions. A few towns over, a new honey farm springs up and becomes a significant global player. As Jay and Tia go to their new jobs daily, they see this honey farm and wonder what could have been.
You've reached the end of the simulation. Review your results below:
Business
You achieved Closed Business
Global International
Regional Multinational
National
Regional
Local
Closed
Available Business Types: Global International, Regional Multinational, National, Regional, Local, Closed
Although the business has closed, all of Harsh's descendants continue the tradition of giving two drops of honey to each new baby on their first birthday.
Family
Your family relationship is Medium
Family members would prefer a little more say in running the business.
Ownership
Your ownership value is Medium
Most of the shareholders have stayed with the company.
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